The Shepherds Center of Richmond

Analysis

The Shepherds Center of Richmond is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Shepherds Center of Richmond reported income of $355k and spending of $184k, leaving 48% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $175k to $355k (+102%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Shepherds Center of Richmond sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Fresno New Creation Ministries Inc ($355k), Macon County Care Network ($355k) and Leaf Foundation ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 5.5% of the total. Other salaries and wages came to $111k. At year end it held assets of $815k against liabilities of $0, net assets of $815k. It reported 4 employees.